Iron Road Limited Stock Price on February 29, 2024
| IRNRF Stock | USD 0.03 0.00 0.00% |
If you're considering investing in Iron Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Iron Road stands at 0.03, as last reported on the 3rd of May, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Iron Road Limited holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Iron Road Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iron Road's Market Risk Adjusted Performance of 1.78, standard deviation of 3.84, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
Iron Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Iron |
Sharpe Ratio = -0.127
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| Negative Returns | IRNRF |
Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Iron Road is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Iron Road by adding Iron Road to a well-diversified portfolio.
Iron Road Valuation on February 29, 2024
It is possible to determine the worth of Iron Road on a given historical date. On February 29, 2024 Iron was worth 0.0346 at the beginning of the trading date compared to the closed value of 0.0346. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iron Road pink sheet. Still, in general, we apply an absolute valuation method to find Iron Road's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Iron Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iron Road's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
02/29/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
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Iron Road Trading Date Momentum on February 29, 2024
| On March 01 2024 Iron Road Limited was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 03/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Iron Road Limited Fundamentals Correlations and Trends
By evaluating Iron Road's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Iron Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iron Road Pink Sheet history
Iron Road investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Iron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iron Road Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Iron Road stock prices may prove useful in developing a viable investing in Iron Road
Iron Road Limited explores for and evaluates iron ore properties in Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited. Iron Road operates under Steel classification in the United States and is traded on OTC Exchange.
Iron Road Pink Sheet Technical Analysis
Iron Road technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Iron Road Period Price Range
Low | February 29, 2024
| High |
0.03 | 0.03 |
Iron Road May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Iron Road pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iron Road shares will generate the highest return on investment. By undertsting and applying Iron Road pink sheet market strength indicators, traders can identify Iron Road Limited entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0346 | |||
| Day Typical Price | 0.0346 |
Iron Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iron Road's price direction in advance. Along with the technical and fundamental analysis of Iron Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iron to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 1.77 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Road Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Iron Pink Sheet analysis
When running Iron Road's price analysis, check to measure Iron Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iron Road is operating at the current time. Most of Iron Road's value examination focuses on studying past and present price action to predict the probability of Iron Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Road's price. Additionally, you may evaluate how the addition of Iron Road to your portfolios can decrease your overall portfolio volatility.
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